Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

published:17 Dec 2010

views:1760

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

published:17 Jan 2012

views:198456

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

published:16 Apr 2015

views:6987

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

published:17 Nov 2015

views:209673

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

published:30 Aug 2014

views:497076

Finding the consumer's optimal bundle

published:22 Aug 2012

views:41949

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

published:06 Nov 2014

views:474171

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

published:07 Nov 2014

views:4086

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

published:04 Jun 2012

views:1607

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

published:03 Oct 2014

views:406938

Mathematical optimization

In mathematics, computer science and operations research, mathematical optimization (alternatively, optimization or mathematical programming) is the selection of a best element (with regard to some criteria) from some set of available alternatives.

In the simplest case, an optimization problem consists of maximizing or minimizing a real function by systematically choosing input values from within an allowed set and computing the value of the function. The generalization of optimization theory and techniques to other formulations comprises a large area of applied mathematics. More generally, optimization includes finding "best available" values of some objective function given a defined domain (or a set of constraints), including a variety of different types of objective functions and different types of domains.

Optimization problems

An optimization problem can be represented in the following way:

Such a formulation is called an optimization problem or a mathematical programming problem (a term not directly related to computer programming, but still in use for example in linear programming – see History below). Many real-world and theoretical problems may be modeled in this general framework. Problems formulated using this technique in the fields of physics and computer vision may refer to the technique as energy minimization, speaking of the value of the function f as representing the energy of the system being modeled.

Khan Academy

Khan Academy is a non-profit educational organization created in 2006 by educator Salman Khan with the aim of providing a free, world-class education for anyone, anywhere. The organization produces short lectures in the form of YouTube videos. In addition to micro lectures, the organization's website features practice exercises and tools for educators. All resources are available for free to anyone around the world. The main language of the website is English, but the content is also available in other languages.

In late 2004, Khan began tutoring his cousin Nadia who needed help with math using Yahoo!'s Doodle notepad.When other relatives and friends sought similar help, he decided that it would be more practical to distribute the tutorials on YouTube. The videos' popularity and the testimonials of appreciative students prompted Khan to quit his job in finance as a hedge fund analyst at Connective Capital Management in 2009, and focus on the tutorials (then released under the moniker "Khan Academy") full-time.

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

9:24

Optimal point on budget line | Microeconomics | Khan Academy

Optimal point on budget line | Microeconomics | Khan Academy

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

11:01

Forestry Economics: Optimal Rotation Age (Part 1)

Forestry Economics: Optimal Rotation Age (Part 1)

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

3:55

Economies of Scale- Micro 3.2

Economies of Scale- Micro 3.2

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

5:36

Production Possibilities Curve- Econ 1.1

Production Possibilities Curve- Econ 1.1

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

3:46

Econ - The Consumer's Optimal Bundle (LBD 4.2)

Econ - The Consumer's Optimal Bundle (LBD 4.2)

Econ - The Consumer's Optimal Bundle (LBD 4.2)

Finding the consumer's optimal bundle

4:50

Perfect Competition in the Short Run- Microeconomics 3.8

Perfect Competition in the Short Run- Microeconomics 3.8

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

10:31

Solow Growth Model - Part II: The Optimal Consumption Profile

Solow Growth Model - Part II: The Optimal Consumption Profile

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

4:14

A way to know the optimal speed for maximum fuel efficiency

A way to know the optimal speed for maximum fuel efficiency

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

5:17

Costs of Production- Microeconomics 3.3 (Part 1)

Costs of Production- Microeconomics 3.3 (Part 1)

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

published: 17 Dec 2010

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a pe...

published: 17 Jan 2012

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
T...

published: 16 Apr 2015

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out ...

published: 17 Nov 2015

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

published: 30 Aug 2014

Econ - The Consumer's Optimal Bundle (LBD 4.2)

Finding the consumer's optimal bundle

published: 22 Aug 2012

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

published: 06 Nov 2014

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

published: 07 Nov 2014

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

published: 04 Jun 2012

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics...

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and ...

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you ...

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph ca...

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different app...

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel C...

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate t...

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

published: 17 Dec 2010

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a pe...

published: 17 Jan 2012

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
T...

published: 16 Apr 2015

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out ...

published: 17 Nov 2015

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

published: 30 Aug 2014

Econ - The Consumer's Optimal Bundle (LBD 4.2)

Finding the consumer's optimal bundle

published: 22 Aug 2012

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

published: 06 Nov 2014

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

published: 07 Nov 2014

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

published: 04 Jun 2012

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics...

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and ...

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you ...

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph ca...

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different app...

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel C...

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate t...

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

published: 17 Dec 2010

Why Free Markets Work: Milton Friedman on Political Economy (1996)

The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman
Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and ...

published: 14 Nov 2015

EU economics lecture 5: euro, optimal currency area theory

EU economics lecture 5: euro, optimal currency area theory
We finish off the first half of the course, and get down to brass tacks about mortgage default issues.
In this lecture about the European Union (the EU), topics like European economic union, the economy of european union, the economics of Europe and eu economics are discussed. The European countries and European economist as well in this course. Economics 101. And the euro, the ecb's money in the economic crisis indeed.
More info on:
http://www.stephenkinsella.net
http://www.ul.ie/business/kbs-staff/dr-stephen-kinsella
Materials with copyright have been adapted and are licensed under the license CC BY http://creativecommons.org/licenses/by/3.0/, 'Economics of European Integration Lecture 5: Optimal Currency AreaTheory', by Ste...

16. Backward Induction and Optimal Stopping Times

Financial Theory (ECON 251)
In the first part of the lecture we wrap up the previous discussion of implied default probabilities, showing how to calculate them quickly by using the same duality trick we used to compute forward interest rates, and showing how to interpret them as spreads in the forward rates. The main part of the lecture focuses on the powerful tool of backward induction, once used in the early 1900s by the mathematician Zermelo to prove the existence of an optimal strategy in chess. We explore its application in a series of optimal stopping problems, starting with examples quite distant from economics such as how to decide when it is time to stop dating and get married. In each case we find that the option to continue is surprisingly valuable.
00:00 - Chapter 1. Cal...

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman
Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and other safe assets, to make the nominal interest rate zero.
The result of this policy is that those who hold money don't suffer any loss in the value of that money due to inflation. The rule is motivated by long-run efficiency considerations.
This is not to be confused with Friedman's k-percent rule which advocates a constant yearly expansion of the monetary base.
The marginal benefit of holding additional money is the decrease in transaction costs represented by (for example) costs associated with the purchase of consumption goods.
With a positive nominal interest rate, people economise on their cash balances to the point that the marginal benefit (social and private) is equal to the marginal private cost (i.e., the nominal interest rate).
This is not socially optimal, because the government can costlessly produce the cash until the supply is plentiful. A social optimum occurs when the nominal rate is zero (or deflation is at a rate equal to the real interest rate), so that the marginal social benefit and marginal social cost of holding money are equalized at zero.
Thus, the Friedman Rule is designed to remove an inefficiency, and by doing so, raise the mean of output.
The Friedman rule has been shown to be the welfare maximizing monetary policy in many economic models of money. It has been shown to be optimal in monetary economies with monopolistic competition (Ireland, 1996) and, under certain circumstances, in a variety of monetary economies where the government levies other distorting taxes.[2][3][4][5] However, there do exist several notable cases where deviation from the Friedman Rule becomes optimal. These include economies with decreasing returns to scale; economies with imperfect competition where the government does not either fully tax monopoly profits or set the tax equal to the labor income tax; economies with tax evasion; economies with sticky prices; and economies with downward nominal wage rigidity.[6] While normally deviations from the Friedman Rule are typically small, if there is a significant foreign demand for a nations currency, such as in the United States, the optimal rate of inflation is found to deviate significantly from what is called for by Friedman Rule in order to extract seigniorage revenue from foreign residents.[6] In the case of the United States, where over half of all U.S. dollars are held overseas, the optimal rate of inflation is found to be anywhere from 2 to 10%, whereas the Friedman Rule would call for deflation of almost 4%.[6]
Recent results have also suggested that in order to achieve the goal of the Friedman Rule, namely to reduce the opportunity cost and monetary frictions associated with money, it may not be required that the nominal interest rate be set at zero.[7] When the effects of financial intermediaries and credit spreads are taken into account, the welfare optimality implied by the Friedman Rule can instead be achieved by eliminating the interest rate differential between the policy nominal interest rate and the interest rate paid on reserves by assuring that the rates are identical at all times.
https://en.wikipedia.org/wiki/Friedman_rule

The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman
Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and other safe assets, to make the nominal interest rate zero.
The result of this policy is that those who hold money don't suffer any loss in the value of that money due to inflation. The rule is motivated by long-run efficiency considerations.
This is not to be confused with Friedman's k-percent rule which advocates a constant yearly expansion of the monetary base.
The marginal benefit of holding additional money is the decrease in transaction costs represented by (for example) costs associated with the purchase of consumption goods.
With a positive nominal interest rate, people economise on their cash balances to the point that the marginal benefit (social and private) is equal to the marginal private cost (i.e., the nominal interest rate).
This is not socially optimal, because the government can costlessly produce the cash until the supply is plentiful. A social optimum occurs when the nominal rate is zero (or deflation is at a rate equal to the real interest rate), so that the marginal social benefit and marginal social cost of holding money are equalized at zero.
Thus, the Friedman Rule is designed to remove an inefficiency, and by doing so, raise the mean of output.
The Friedman rule has been shown to be the welfare maximizing monetary policy in many economic models of money. It has been shown to be optimal in monetary economies with monopolistic competition (Ireland, 1996) and, under certain circumstances, in a variety of monetary economies where the government levies other distorting taxes.[2][3][4][5] However, there do exist several notable cases where deviation from the Friedman Rule becomes optimal. These include economies with decreasing returns to scale; economies with imperfect competition where the government does not either fully tax monopoly profits or set the tax equal to the labor income tax; economies with tax evasion; economies with sticky prices; and economies with downward nominal wage rigidity.[6] While normally deviations from the Friedman Rule are typically small, if there is a significant foreign demand for a nations currency, such as in the United States, the optimal rate of inflation is found to deviate significantly from what is called for by Friedman Rule in order to extract seigniorage revenue from foreign residents.[6] In the case of the United States, where over half of all U.S. dollars are held overseas, the optimal rate of inflation is found to be anywhere from 2 to 10%, whereas the Friedman Rule would call for deflation of almost 4%.[6]
Recent results have also suggested that in order to achieve the goal of the Friedman Rule, namely to reduce the opportunity cost and monetary frictions associated with money, it may not be required that the nominal interest rate be set at zero.[7] When the effects of financial intermediaries and credit spreads are taken into account, the welfare optimality implied by the Friedman Rule can instead be achieved by eliminating the interest rate differential between the policy nominal interest rate and the interest rate paid on reserves by assuring that the rates are identical at all times.
https://en.wikipedia.org/wiki/Friedman_rule

EU economics lecture 5: euro, optimal currency area theory

EU economics lecture 5: euro, optimal currency area theory
We finish off the first half of the course, and get down to brass tacks about mortgage default issue...

EU economics lecture 5: euro, optimal currency area theory
We finish off the first half of the course, and get down to brass tacks about mortgage default issues.
In this lecture about the European Union (the EU), topics like European economic union, the economy of european union, the economics of Europe and eu economics are discussed. The European countries and European economist as well in this course. Economics 101. And the euro, the ecb's money in the economic crisis indeed.
More info on:
http://www.stephenkinsella.net
http://www.ul.ie/business/kbs-staff/dr-stephen-kinsella
Materials with copyright have been adapted and are licensed under the license CC BY http://creativecommons.org/licenses/by/3.0/, 'Economics of European Integration Lecture 5: Optimal Currency AreaTheory', by Stephen Kinsella, on line on https://vimeo.com/1905783.
Find me on Google+: https://plus.google.com/101008368651984597200
And on YouTube: https://www.youtube.com/channel/UCoS2gqkLY6M88GUQgmnbKuA
And subscribe on YouTube!: https://www.youtube.com/channel/UCoS2gqkLY6M88GUQgmnbKuA?sub_confirmation=1
Website: http://europeanunionexplained.blogspot.com

EU economics lecture 5: euro, optimal currency area theory
We finish off the first half of the course, and get down to brass tacks about mortgage default issues.
In this lecture about the European Union (the EU), topics like European economic union, the economy of european union, the economics of Europe and eu economics are discussed. The European countries and European economist as well in this course. Economics 101. And the euro, the ecb's money in the economic crisis indeed.
More info on:
http://www.stephenkinsella.net
http://www.ul.ie/business/kbs-staff/dr-stephen-kinsella
Materials with copyright have been adapted and are licensed under the license CC BY http://creativecommons.org/licenses/by/3.0/, 'Economics of European Integration Lecture 5: Optimal Currency AreaTheory', by Stephen Kinsella, on line on https://vimeo.com/1905783.
Find me on Google+: https://plus.google.com/101008368651984597200
And on YouTube: https://www.youtube.com/channel/UCoS2gqkLY6M88GUQgmnbKuA
And subscribe on YouTube!: https://www.youtube.com/channel/UCoS2gqkLY6M88GUQgmnbKuA?sub_confirmation=1
Website: http://europeanunionexplained.blogspot.com

16. Backward Induction and Optimal Stopping Times

Financial Theory (ECON 251)
In the first part of the lecture we wrap up the previous discussion of implied default probabilities, showing how to calculate t...

Financial Theory (ECON 251)
In the first part of the lecture we wrap up the previous discussion of implied default probabilities, showing how to calculate them quickly by using the same duality trick we used to compute forward interest rates, and showing how to interpret them as spreads in the forward rates. The main part of the lecture focuses on the powerful tool of backward induction, once used in the early 1900s by the mathematician Zermelo to prove the existence of an optimal strategy in chess. We explore its application in a series of optimal stopping problems, starting with examples quite distant from economics such as how to decide when it is time to stop dating and get married. In each case we find that the option to continue is surprisingly valuable.
00:00 - Chapter 1. Calculating Default Probabilities
14:58 - Chapter 2. Relationship Between Defaults and ForwardRates
28:09 - Chapter 3. Zermelo, Chess, and Backward Induction
36:48 - Chapter 4. Optimal StoppingGames and Backward Induction
01:06:47 - Chapter 5. The OptimalMarriageProblemComplete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Fall 2009.

Financial Theory (ECON 251)
In the first part of the lecture we wrap up the previous discussion of implied default probabilities, showing how to calculate them quickly by using the same duality trick we used to compute forward interest rates, and showing how to interpret them as spreads in the forward rates. The main part of the lecture focuses on the powerful tool of backward induction, once used in the early 1900s by the mathematician Zermelo to prove the existence of an optimal strategy in chess. We explore its application in a series of optimal stopping problems, starting with examples quite distant from economics such as how to decide when it is time to stop dating and get married. In each case we find that the option to continue is surprisingly valuable.
00:00 - Chapter 1. Calculating Default Probabilities
14:58 - Chapter 2. Relationship Between Defaults and ForwardRates
28:09 - Chapter 3. Zermelo, Chess, and Backward Induction
36:48 - Chapter 4. Optimal StoppingGames and Backward Induction
01:06:47 - Chapter 5. The OptimalMarriageProblemComplete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Fall 2009.

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

9:24

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total...

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

11:01

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic ...

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

3:55

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I c...

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

5:36

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trad...

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

10:31

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing ste...

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

5:17

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, tot...

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

9:24

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total...

Optimal point on budget line | Microeconomics | Khan Academy

Using indifference curves to think about the point on the budget line that maximizes total utility
Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/types-of-indifference-curves?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/microeconomics/choices-opp-cost-tutorial/marginal-utility-tutorial/v/indifference-curves-and-marginal-rate-of-substitution?utm_source=YT&utm_medium=Desc&utm_campaign=microeconomics
Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.
For free. For everyone. Forever. #YouCanLearnAnything
Subscribe to Khan Academy's Microeconomics channel: https://www.youtube.com/channel/UC_6zQ54DjQJdLodwsxAsdZg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

11:01

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic ...

Forestry Economics: Optimal Rotation Age (Part 1)

This video is a part of Conservation Strategy Fund's collection of environmental economic lessons and was made possible thanks to the support of the Gordon and Betty Moore Foundation and the Marcia BradyTuckerFoundation. This series is for individuals who want to learn - or review - the basic economics of conservation. The Forestry Economics series will look at what influences the decision of when to cut down a forest and the non-market values that should be considered to create an economically efficient system. This video looks at the factors involved in deciding when to harvest a given stand of trees and what the crop rotation period should be. Topics covered include stumpage value, growth rate, maximum sustainable revenue, average and incremental growth, and opportunity cost.
To follow this series, subscribe to our YouTube channel. For more information on these and other trainings from Conservation Strategy Fund, check out: http://www.conservation-strategy.org/

3:55

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I c...

Economies of Scale- Micro 3.2

In this video I explain the idea of what happens to output and costs in the long-run. I cover two similar but different ideas: increasing retruns to scale and economies of scale. The first one focuses on what happens to output and the second focuses on costs. I also cover t he idea of diseconomies of scale. And, of course, you get a bonus round. Let me know what you think and please subscribe.
Video about short run production-
https://www.youtube.com/watch?v=xLSRMt-wWAM
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294
Check out the TV showHow It's Made to see more economies of scale at work-
https://www.youtube.com/channel/UCjHsPBHX1NNbIqTy4eXVTig

5:36

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trad...

Production Possibilities Curve- Econ 1.1

In this video I explain how the production possibilities curve (PPC) shows scarcity, trade-offs, opportunity cost, and efficiency. This is the first graph you are going to learn in your economics class. Thanks for watching. Please subscribe.
If you need more help, check out the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji

Perfect Competition in the Short Run- Microeconomics 3.8

In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe.
If you need more help, check out my UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Microeconomics Videos
https://www.youtube.com/watch?v=swnoF533C_c
Macroeconomics Videos
https://www.youtube.com/watch?v=XnFv3d8qllI
Watch Econmovies
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
Follow me on Twitter
https://twitter.com/acdcleadership

10:31

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing ste...

Solow Growth Model - Part II: The Optimal Consumption Profile

In the second installment, Dr. Levkoff explains how to find the consumption-maximizing steady state by choosing the optimal savings rate using two different approaches for the baseline Solow growth model with Cobb-Douglas (CRS) production technology.

A way to know the optimal speed for maximum fuel efficiency

http://www.digitalnomadtraveler.com/fuel-consumption-gauge/how-to-use-fuel-consumption-gauge-to-find-optimal-speed-for-fuel-efficiency.php How to use the Fuel Consumption Gauge in your car to optimize the most efficient use of gas.

5:17

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, tot...

Costs of Production- Microeconomics 3.3 (Part 1)

In this video I explain the costs of production including fixed costs, variable costs, total cost, and marginal cost. Make sure that you know how to calculate the per unit costs: AVC, AFC, and ATC. Let me know what you think and please subscribe.
Get the UltimateReviewPackethttp://www.acdcecon.com/#!review-packet/czji
Next video-drawing the cost curves
https://www.youtube.com/watch?v=qYKJdooEnwU
WatchEpisodes of Econmovies-
https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH
More videos about the costs of production-
https://www.youtube.com/playlist?list=PLE70CA726102FB294

Optimal Financial Structure and Economic Development

Speaker: Dr Justin Yifu LinChair: ProfessorDavid Held
This event was recorded on 12 October 2009 in Old Theatre, Old Building
The Optimal Financial Structure of a specific stage of development in an economy is determined by the structures of industries and firm sizes in the economy. These, in turn, are determined by the economy's factor endowments at that stage. This lecture will discuss the existence on an endogenously determined optimal composition of various financial arrangements, that is, optimal financial structure, for an economy at different stages of development.

1:10:23

Why Free Markets Work: Milton Friedman on Political Economy (1996)

The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Fried...

Why Free Markets Work: Milton Friedman on Political Economy (1996)

The Friedman rule is a monetary policy rule proposed by Milton Friedman. More Milton Friedman: https://www.amazon.com/gp/search?ie=UTF8&tag=doc06-20&linkCode=ur2&linkId=258445d2550dd284ef86829343fdd0da&camp=1789&creative=9325&index=books&keywords=Milton%20Friedman
Essentially, Friedman advocated setting the nominal interest rate at zero. According to the logic of the Friedman rule, the opportunity cost of holding money faced by private agents should equal the social cost of creating additional fiat money. It is assumed that the marginal cost of creating additional money is zero (or approximated by zero). Therefore, nominal rates of interest should be zero. In practice, this means that the central bank should seek a rate of deflation equal to the real interest rate on government bonds and other safe assets, to make the nominal interest rate zero.
The result of this policy is that those who hold money don't suffer any loss in the value of that money due to inflation. The rule is motivated by long-run efficiency considerations.
This is not to be confused with Friedman's k-percent rule which advocates a constant yearly expansion of the monetary base.
The marginal benefit of holding additional money is the decrease in transaction costs represented by (for example) costs associated with the purchase of consumption goods.
With a positive nominal interest rate, people economise on their cash balances to the point that the marginal benefit (social and private) is equal to the marginal private cost (i.e., the nominal interest rate).
This is not socially optimal, because the government can costlessly produce the cash until the supply is plentiful. A social optimum occurs when the nominal rate is zero (or deflation is at a rate equal to the real interest rate), so that the marginal social benefit and marginal social cost of holding money are equalized at zero.
Thus, the Friedman Rule is designed to remove an inefficiency, and by doing so, raise the mean of output.
The Friedman rule has been shown to be the welfare maximizing monetary policy in many economic models of money. It has been shown to be optimal in monetary economies with monopolistic competition (Ireland, 1996) and, under certain circumstances, in a variety of monetary economies where the government levies other distorting taxes.[2][3][4][5] However, there do exist several notable cases where deviation from the Friedman Rule becomes optimal. These include economies with decreasing returns to scale; economies with imperfect competition where the government does not either fully tax monopoly profits or set the tax equal to the labor income tax; economies with tax evasion; economies with sticky prices; and economies with downward nominal wage rigidity.[6] While normally deviations from the Friedman Rule are typically small, if there is a significant foreign demand for a nations currency, such as in the United States, the optimal rate of inflation is found to deviate significantly from what is called for by Friedman Rule in order to extract seigniorage revenue from foreign residents.[6] In the case of the United States, where over half of all U.S. dollars are held overseas, the optimal rate of inflation is found to be anywhere from 2 to 10%, whereas the Friedman Rule would call for deflation of almost 4%.[6]
Recent results have also suggested that in order to achieve the goal of the Friedman Rule, namely to reduce the opportunity cost and monetary frictions associated with money, it may not be required that the nominal interest rate be set at zero.[7] When the effects of financial intermediaries and credit spreads are taken into account, the welfare optimality implied by the Friedman Rule can instead be achieved by eliminating the interest rate differential between the policy nominal interest rate and the interest rate paid on reserves by assuring that the rates are identical at all times.
https://en.wikipedia.org/wiki/Friedman_rule

1:04:00

EU economics lecture 5: euro, optimal currency area theory

EU economics lecture 5: euro, optimal currency area theory
We finish off the first half o...

EU economics lecture 5: euro, optimal currency area theory

EU economics lecture 5: euro, optimal currency area theory
We finish off the first half of the course, and get down to brass tacks about mortgage default issues.
In this lecture about the European Union (the EU), topics like European economic union, the economy of european union, the economics of Europe and eu economics are discussed. The European countries and European economist as well in this course. Economics 101. And the euro, the ecb's money in the economic crisis indeed.
More info on:
http://www.stephenkinsella.net
http://www.ul.ie/business/kbs-staff/dr-stephen-kinsella
Materials with copyright have been adapted and are licensed under the license CC BY http://creativecommons.org/licenses/by/3.0/, 'Economics of European Integration Lecture 5: Optimal Currency AreaTheory', by Stephen Kinsella, on line on https://vimeo.com/1905783.
Find me on Google+: https://plus.google.com/101008368651984597200
And on YouTube: https://www.youtube.com/channel/UCoS2gqkLY6M88GUQgmnbKuA
And subscribe on YouTube!: https://www.youtube.com/channel/UCoS2gqkLY6M88GUQgmnbKuA?sub_confirmation=1
Website: http://europeanunionexplained.blogspot.com

41:05

Lecture - 32 Optimal System Operation

Lecture Series on Power System Generation, Transmission and Distribution by Prof.D.P.Kotha...

16. Backward Induction and Optimal Stopping Times

Financial Theory (ECON 251)
In the first part of the lecture we wrap up the previous discussion of implied default probabilities, showing how to calculate them quickly by using the same duality trick we used to compute forward interest rates, and showing how to interpret them as spreads in the forward rates. The main part of the lecture focuses on the powerful tool of backward induction, once used in the early 1900s by the mathematician Zermelo to prove the existence of an optimal strategy in chess. We explore its application in a series of optimal stopping problems, starting with examples quite distant from economics such as how to decide when it is time to stop dating and get married. In each case we find that the option to continue is surprisingly valuable.
00:00 - Chapter 1. Calculating Default Probabilities
14:58 - Chapter 2. Relationship Between Defaults and ForwardRates
28:09 - Chapter 3. Zermelo, Chess, and Backward Induction
36:48 - Chapter 4. Optimal StoppingGames and Backward Induction
01:06:47 - Chapter 5. The OptimalMarriageProblemComplete course materials are available at the Open Yale Courses website: http://open.yale.edu/courses
This course was recorded in Fall 2009.

Optimal Financial Structure and Economic Developme...

Why Free Markets Work: Milton Friedman on Politica...

EU economics lecture 5: euro, optimal currency are...

Lecture - 32 Optimal System Operation...

Exchange Economy with Two Consumers...

Topic 4: Optimal Taxation Part 2 | Economics 2450A...

Topic 1: Introduction | Economics 2450A: Public Ec...

welfare economics -general equilibrium of producti...

6. Poker Economics...

16. Backward Induction and Optimal Stopping Times...

When the sun dims dramatically Monday morning, that would be like an entire power plant unit shutting down for the Lone Star State's electricity grid. The much-anticipated solar eclipse will wipe out about 600 megawatts worth of electricity generation from Texas' growing solar power industry, according to officials with ERCOT, which manages the Texas grid.&nbsp; ... "That is not very much," she said about eclipse's influence ... ....

Multiple media reports Thursday reported a van crashed into dozens of people in the center of Barcelona Thursday killing two and injuring several people. Local Spanish media say two armed men have entered a restaurant after a van crashed into a crowd of people, according to Reuters, and police consider the incident to be terror related. Local media reports say two people were killed instantly when struck by the van....

The Guardian reported that police announced one person was arrested in relation to the attack on Thursday where someone drove a white van through the busy, pedestrian area of Las Ramblas in Barcelona, Spain which has left at least 13 dead, and more than 50 injured ...Police said that the number of the dead was "bound to rise" since at least 50 people were injured after the attack, interior minister for Catalonia, Joaquim Form said ... ... U.S....

Islamic State militants have claimed responsibility for an act of terrorism in which a van struck and killed at least a dozen people on Barcelona’s most famous avenue Thursday, Reuters reported Thursday.Carles Puigdemont, the head of the Spanish region of Catalonia, said at least 80 people had been taken to hospital and around 12 had died. Officials remain unsure how many attackers were involved in the incident ... She told La Vanguardia....

The number of asylum seekers who are illegally crossing into Canada from the United States more than tripled last month, according to new data released on Thursday by the Canadian government which hints at the deep fears that migrants have about the recent U.S. administration immigration crackdown ...The RoyalCanadian Mounted Police said that an additional 3,800 asylum seekers were arrested crossing the U.S ... "It's not a crisis ... ....

search tools

You can search using any combination of the items listed below.

It’s easy to see why “The Tick” has been revived again and again. Born as an unlikely comic-book hero in the ‘80s, the title character’s relentless optimism, which allows him to bluster through any situation with a smile on his lips, is perennially winning. And there’s no doubt that at this moment in time, America... Read more 187; ... ....

It only makes sense that a company called LogicalPosition would, in a market bursting with local competitors, occupy the proverbial catbird’s seat. That’s exactly where the Lake Oswego-based digital services firm — it specializes in pay-per-click marketing, search engine optimization and website design — finds itself fresh off of four years of spectacular growth. On Aug ... In so doing, it will hire… ... ....

PITTSBURGH - The 85th season for the Steelers begins with high hopes and heavy hearts ... There's optimism that this year could be even better -- but 2017 will also be a season to remember Dan Rooney ... TRENDING NOW ... “I was disappointed ... There’s optimism surrounding receiver Martavis Bryant, who's now cleared to participate in preseason, and a step closer to getting the green light for the regular season ... &nbsp;. ... ....

PITTSBURGH - The 85th season for the Steelers begins with high hopes and heavy hearts ... There's optimism that this year could be even better -- but 2017 will also be a season to remember Dan Rooney ... TRENDING NOW ... “I was disappointed ... There’s optimism surrounding receiver Martavis Bryant, who's now cleared to participate in preseason, and a step closer to getting the green light for the regular season ... &nbsp;. ... ....

Consumer confidence has hit a high last seen before the financial collapse, a new survey claims ... That was when the financial collapse in this country began. A score of more than 100 indicates degrees of optimism, a score below 100 indicating pessimism, Nielsen said ... ....

John leads projects and client relationships across a range of disciplines including innovation and product strategy, portfolio optimization, new business market testing and scaling, and customer intimacy approaches to build comprehensive growth solutions for heavy industrial and materials companies....

SAN FRANCISCO, Aug ... Such technology, the authors claim, has the potential to optimize the lighting in rooms or vehicles and save about 20 percent in heating and cooling costs. The prototypes used in the study are about 4 square inches, or nearly 26 square centimeters, in size ... When dark, the transmission of light drops to below 5 percent ... ....

COSTA MESA, Calif. -- Norv Turner saw a few familiar sights on Thursday. Turner, the former Chargers head coach, watched his former team compete in joint practices with the New Orleans Saints at the JackHammettSports Complex, but seeing the Chargers work wasn't the only reason for Turner to reminisce ...Turner's time with Peterson was far from optimal as the running back played just one game in 2014 due to his child abuse charges ... ....

The anxiety is understandable, given the role it has played in the world economy...Looking deeper, one should be clear that a desired transition is underway -- the economy is shifting from high-speed growth to medium-high pace growth, while optimizing structure and changing the growth model from the unsustainable export- and investment-driven pattern to one that draws strength from consumption, the service sector and innovation....

RAWALPINDI. Chief of the Army Staff (COAS) General Qamar Javed Bajwa on Thursday asked students to remain mindful and vigilant of hostile narratives through the social media and advised them to keep themselves away from ISIS (Daesh) ... He said he had full confidence and optimism that the Pakistani youth, realising their potential, would lead Pakistan to a new era of peace and progress ... ....

GREENFIELD, Mass., Aug 17, 2017 (BUSINESS WIRE) -- VisualSearch is now open source ...Previously, working implementations of visual search have only been available through proprietary APIs such as that offered by GoogleLens (still in beta) ... “We were able to boost our image match success rate to over 95% by optimizing hardware settings and server-side processing filters,” says Zappen cofounder Erik Amlee ... SOURCE ... Yes Exactly, Inc....

The Nigerian National Petroleum Corporation, (NNPC) has signalled its intention to privatise Nigeria’s troubled refineries, performing barely 15 percent of their installed capacity after they have been refurbished. ￼ ... The refineries are not to be concessioned nor sold in whole or part because the current state, optimal value would not be obtained,” said Kachikwu ...News you can trust. ....

DeMarkus Acy is ready to bring his own game to the Missouri defense this year. The sophomore cornerback, whose right wrist is in a cast until Aug ...Think again. "It’s not really affecting me," Acy said after Thursday’s practice. "Last year was a big growth year for me, getting to learn from the older guys and how they played ... "I’m my own player," Acy said ... +7 ... +5. Optimism regarding health of top-10 WRs, Chargers' Williams and Bengals' Ross ... ....